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Full-Text Articles in Defense and Security Studies
Defense Industrial Base Policy: Revisited, Michael E. Heberling
Defense Industrial Base Policy: Revisited, Michael E. Heberling
Faculty Publications
In an era of decreasing defense budgets and enemy threats, problems associated with maintaining a healthy defense industrial base have become pronounced. This article discussed defense industrial policy goals and argues that these goals may be collectively unobtainable.
Defense Contractor Buyer-Seller Relationships: Theoretical Approaches, Carl R. Templin
Defense Contractor Buyer-Seller Relationships: Theoretical Approaches, Carl R. Templin
Faculty Publications
This article examines the applicability of three theoretical approaches to defining defense buyer-seller relationships. Economic Free-Market Theory explains the relative economic power of the participants but ignores the legal, political, and socioeconomic aspects so pervasive in defense acquisitions. Transaction Cost Economics provides a framework for determining the most cost-effective type of contract governance for each transaction. Systems theory explores the degree of interdependence between the buyers and sellers systems. Each theory contributes unique insights into defense buyer-seller relationships that can be used to judge the appropriateness of contracting laws, regulations, policies, and management approaches for specific acquisition environments.